Keep up with finances by trading-in mobile for iPhone

Trading-in a mobile and switching to an iPhone now offers consumers a revolutionary way to keep up to date with their financial situation.

Orange has launched an app specifically for the device and fellow Apple creation the iPad that allows people to pay bills, view their balance and track how much they are spending.

The app, known as Orange Credit Card, even provides a way for customers to settle their debt to the network each month.

Designed and launched in conjunction with Barclaycard, the tool is free to download for users of the phone.

Russell Taylor, vice-president of new business and online at Everything Everywhere, which runs Orange, said: "This new app ... demonstrates the next step towards our vision for the future of mobile payments, where consumers will seamlessly make payments on the high street from their mobile phones."

Perhaps the most desirable model of the iPhone range is the iPhone 4, which was released in the UK in June.